Question

A store purchased jeans for $15 a pair. The store increased the price of the jeans by 65%. One month later, the jeans were on sale for 15 - off the store price. How much would a customer pay for the jeans on sale? Please help

Answer 1

$21.04

Explanation:

Steps to take to derive the answer

1. Determine the price after the price increase of 65%
2. Determine the price after the 15% off

Price after increase increase (100% + increase in price) x purchase price of the jeans

(100% + 65%) x 15

165% x 15

1.65 x $15 = $24.75

Price after the decrease in price = (100% - percentage decrease in price) x price after the 65% increase in price

(100% - 15%) x $24.75

85% x $24.75

0.85 x $24.75 = $21.04